Santo Domingo.- Most of Dominican Republic’s workers earn more per hour on average in informal jobs than in formal ones, the Central Bank affirmed Tuesday, but noted senior posts such as managers and administrators as the exception.
it said mid level technicians, office employees, service workers, artisans, drivers and untrained workers, usually work fewer hours in the informal sector, and notes it as the reason why they earn a lower average income than formal employees.
"This contradicts statements of the business sector that formal workers earn more than informal ones," the Central Bank said citing national work survey (ENFT) figures.
It said the formal sector’s lower income has spurred a jump in informality from 46.2% in 2000 to 50.6% last year. "Working in the informal sector doesn’t mean that workers are dissatisfied with their jobs, on the contrary, working on their own is thought of highly by workers in this category."